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The Military Actuators Market is expected to grow from USD 1.1 Billion in 2019 to USD 1.4 Billion by 2024, at a CAGR of 5.79% during the forecast period.
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(Electrical, Hydraulic, Pneumatic, Mechanical), Component (Cylinders,(Electrical, Hydraulic, Pneumatic, Mechanical), Component (Cylinders, Drives, Servo Valves, Manifolds), Type (Linear, Rotary), and Region (20192024) Search Reports Sign In FREE BROCHURE FREE SAMPLE REPORT Report Code: AS 6945Mar, 2019, by marketsandmarkets.com DESCRIPTION TABLE OF CONTENTS METHODOLOGY DOWNLOAD PDF [165 Pages Report] The military actuators market is expected to grow from USD 1.1 billion in 2019 to USD 1.4 billion by 2024, at a CAGR of 5.79% during the forecast period. Increasing demand for electrical actuators from the aerospace & defense industry is a major factor driving the growth of the military actuators market. The use of these actuators reduces the energy consumption of flight control systems, resulting in their increased demand in the aviation sector. Electrical actuators are replacing hydraulic actuators due to their light weight, improved performance, enhanced security, and low maintenance cost. By system, the hydraulic actuators segment is expected to be the largest contributor in the military actuators market during the forecast period. Hydraulic actuators are powered by pressurized liquids such as hydraulic fluids. These actuators are rugged and suitable for use in gun positioning and armored plate positioning applications. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info. X
Hydraulic actuators are used in wheeled vehicles. They can produce a force that is 25 timesHydraulic actuators are used in wheeled vehicles. They can produce a force that is 25 times greater than that produced by pneumatic actuators of equal size. In some applications, these actuators involve additional maintenance costs due to increased oil consumption by them resulting from leakage issues. REQUEST FREE SAMPLE REPORT Call Email By component, the cylinders segment is projected to lead the military actuators market during the forecast period. Cylinders are among important components used in military actuators. There are various types of cylinders used in military actuators that include DOT highpressure cylinders, acetylene cylinders, and International for Standardization Organization (ISO) highpressure cylinders. DOT high pressure cylinders are widely used in military vehicles for transporting, storing, and dispensing gases. North America is expected to lead the market for military actuators during the forecast period. North America is expected to be the largest market for military actuators during the forecast period. The growth of the market in the North American region can be attributed to the presence of several major combat aircraft manufacturers such as Lockheed Martin and Northrop Grumman, and actuation system providers such as UTC and Honeywell in the region. Key Market Players Major vendors in the military actuators market are CurtissWright (US), Moog (US), Parker Hannifin (US), Honeywell (US), Triumph Group (US), Meggitt (UK), Venture Mfg. Co (US), Kyntronics (US), and Nook Industries (US). Parker Hannifin, a specialist in electromechanical actuators, is expected to be the thirdlargest supplier and manufacturer of military actuators in 2018. The company provides a wide range of products, which adhere to the finest quality standards. Ultra Motion introduced its new R series spaceflight actuators for thrust vector controls, throttle controls, and fin controls in space and aerospace applications in October 2018. AMETEK launched ACL23A4 aileron and rudder trim actuator systems for the Pilatus PC24 super versatile jet in April 2018. The company is strategically developing innovative products for
upcoming trends in the enduse market. Get online access to the report on the World's First Market Intelligence Cloud Easy to Download Historical Data & Forecast Numbers Company Analysis Dashboard for high growth potential opportunities Research Analyst Access for customization & queries Competitor Analysis with Interactive dashboard Latest News, Updates & Trend analysis REQUEST SAMPLE Click on image to enlarge Scope of the Report Report Metric Details Market size available for years 20172024 Base year considered 2018 Forecast period 20192024 Forecast units Value (USD) Segments covered Application, Type, Component, System, and Region Geographies covered North America, Asia Pacific,
Europe, and RoW Companies covered CurtissWright (US), Moog (US), Parker Hannifin (US), Honeywell (US), Triumph Group (US), Meggitt (UK), Venture Mfg. Co (US), Kyntronics (US), and Nook Industries (US) are some of the major players, though, Total 25 major players covered. This research report categorizes the military actuators market based on component, type, application, system, and region. On the basis of component, the military actuators market is segmented as follows: Cylinders Drives Servo Valves Manifolds Others (Gears, Motors) On the basis of system, the military actuators market is segmented as follows: Hydraulic Actuators Electrical Actuators Pneumatic Actuators Mechanical Actuators Others (Electromechanical Actuators and Electrohydraulic Actuators) On the basis of application, the military actuators market is segmented as follows: Air By Air Platform Fighter Aircraft Helicopters By Air Actuator Type Flight Controls Engine Controls Active Vibration Controls Weapon Bay Door Drives Utility Actuation Land By Land Platform Main Battle Tanks Armored Fighting Vehicles
Light Tactical Vehicles MineResistant Ambush Protected Vehicles (MRAPVs) Amphibious Armored Vehicles Landbased Missiles Others (Tactical Tanks and Armored Trains) By Land Actuator Type Military Ground Vehicles Actuators Electromechanical Gun Elevation Actuators Elevation Actuators Gun and Turret Drive Actuators Traverse Actuators Electromechanical Gun/Turret Drive Actuators Naval By Naval Platform Frigates Destroyers Corvettes Offshore Patrol Vehicles By Naval Actuator Type Linear Actuator for Weapons Robots Naval Rotary Hinge Actuators (Others include valve actuators and electromechanical steam turbine control actuators) On the basis of type, the military actuators market is segmented as follows: Linear Actuators Rotary Actuators Multiaxis Positioning Actuators Semirotary Actuators On the basis of region, the military actuators market has been segmented as follows: North America Europe Asia Pacific RoW Recent Developments In October 2018, Ultra Motion introduced its new R series spaceflight actuators for thrust vector controls, throttle controls, and fin controls in space and aerospace applications. In September 2018, Safran acquired the actuator unit of Rockwell Collins for USD 30 billion. This acquisition also included the purchase of the pilot controls and special products business of Rockwell Collins.
In August 2018, Honeywell received a contract from Lockheed Martin to supply controlIn August 2018, Honeywell received a contract from Lockheed Martin to supply control actuation systems for guided multiple launch rocket systems. Key Questions Addressed by the Report What will be the revenue pockets for the military actuators market in the next five years? Who are the leading manufacturers of military actuators in the global market? What are the growth prospects of the military actuators market? What are the major drivers impacting the military actuators market? What are the latest technological trends in this market? To speak to our analyst for a discussion on the above findings, click Speak to Analyst Custom Market Research Services We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions. Get recent trends delivered to your inbox Overtake your competition with ease. STAY TUNED REPORT CODE AS 6945 PUBLISHED ON MAR, 2019 REQUEST FREE SAMPLE REPORT CHOOSE LICENSE TYPE Single User $4950 Corporate License $8150
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